Investor Optimism Boosts Jump of These 10 Stocks

8. D-Wave Quantum Inc. (NYSE:QBTS)

Shares of D-Wave Quantum Inc. rose by 11.71 percent on Monday to end at $10.21 each as investors resorted to bargain hunting following a decline in Friday’s trading.

Investor sentiment was also boosted by news that Foxconn, a fellow semiconductor firm, reported a record high revenue of $64.7 billion, marking a 15.2-percent increase, at T$2.13 trillion on the back of booming orders for artificial intelligence servers. Official figures beat analyst estimates.

In addition, investors are also waiting on the sidelines for any updates on the company’s participation in the 27th Annual Needham Growth Conference on January 14.

Its CEO, Dr. Alan Baratz is expected to address a variety of topics related to the company’s leadership position in the quantum computing industry, including its technical progress, why quantum optimization is the killer use case for quantum computing, how its annealing technology is increasingly used in customer production deployments, and the convergence of quantum computing and AI.